Page 31 - CityofEulessFY26AdoptedBudgetOrdinance2432

TAX RATE SCENARIOS
As Computed from July 2025 Certified Tax Roll

Fiscal Year 2025- 26
Fiscal Year Revenue at Revenue at Revenue at
2024- 25 No -New -Revenue Rate Proposed Rate Voter -Approval Rate

Total Tax Rate 0. 446700 0. 467324 0. 476466 0. 476958
Debt Tax Rate 0. 081411 0. 087036 0. 087036 0. 087036
M & 0 Tax Rate 0. 365289 0. 380288 0. 389430 0. 389922
Est. Assessed Valuation ( a) 7, 309, 358, 692 7, 399, 113, 176 7, 399, 113, 176 7, 399, 113, 176
Adj. Net Taxable Value Assessed ( b) 6, 252, 613, 555 6, 259, 970, 531 6, 259, 970, 531 6, 259, 970, 531
Est. TIF Increment Value ( c) 390, 920, 482 390, 666, 036 390, 666, 036 390, 666, 036
Total Debt 7, 831, 392 6, 843, 322 6, 843, 322 6, 843, 322
Debt Paid by other Sources 2, 128, 637) 927, 173) 927, 173) 927, 173)
Taxable Debt Service 5, 702, 755 5, 916, 149 5, 916, 149 5, 916, 149
Debt Revenue 5, 090, 315 5, 447, 144 5, 447, 144 5, 447, 144
Ceiling Revenues 324, 652 382, 674 375, 331 374, 944
Total Debt Service Fund Tax Revenue 5, 414, 968 5, 829, 818 5, 822, 475 5, 822, 088
Prior Year Debt Revenue 5, 591, 800 5, 090, 315 5, 090, 315 5, 090, 315
Increase ( Decrease) in Debt Revenue 176, 833) 739, 503 732, 160 731, 773
M& O Revenue - General Fund 22, 002, 498 23, 289, 169 23, 885, 011 23, 917, 077
Ceiling Revenues 1, 456, 707 1, 672, 022 1, 679, 365 1, 679, 752
Total General Fund Tax Revenue 23, 459, 205 24, 961, 192 25, 564, 375 25, 596, 829
Prior Year M& O Revenue 21, 892, 546 23, 459, 205 23, 459, 205 23, 459, 205

Increase ( Decrease) in M& O Revenue 1, 566, 659 1, 501, 987 $ 2, 105, 170 2, 137, 624

Total Increase in Tax Revenue 1, 389, 826 2, 241, 489 $ 2, 837, 331 2, 869, 397

NOTES:

a) Assessed Valuation is the estimated Net Taxable Value from T. A. D. ( Tarrant Appraisal District) plus minimum value of ARB
Appraisal Review Board), estimate of incomplete property, and estimate of In Process property.

b) Adj. Net Taxable Value Assessed = Assessed Value less estimated TIF increment $ 390, 666, 036 and authorized ceiling estimate
748, 476, 609.
c) TIF = Tax Increment Finance zone increment value increase contracted at 75% ($ 520, 888, 048 @ 75% = $ 390, 666, 036).

Note: Under these circumstances each penny of tax rate equals approximately $ 613, 477 ($ 6, 259,970, 531*. 01*. 98/ 100 = $ 613,477).
M& O Revenues are at a collection rate of approximately 98%. Debt Revenues are at 100% collections.

M& O = Maintenance and Operations

Ordinance No. 2432, Page 31 of 474
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